Midstream energy company providing logistics and transportation services for crude oil, refined products, and industrial gases.
Genesis Energy, L.P. operates within the midstream sector of the crude oil and natural gas industry, specializing in transportation and handling services. The company's Offshore Pipeline Transportation segment focuses on offshore crude oil and natural gas pipeline operations, particularly in the deepwater areas of the Gulf of Mexico's southern Keathley Canyon. This segment manages interests in approximately 1,422 miles of offshore pipelines, crucial for transporting crude oil. Additionally, Genesis Energy provides sulfur-extraction services and manages storage and transportation assets through its Sodium Minerals and Sulfur Services segment, which serves ten refining operations and supplies sodium hydrosulfide and caustic soda to the mining industry.
The Onshore Facilities and Transportation segment of Genesis Energy delivers comprehensive services to Gulf Coast crude oil refineries and producers. It handles the purchasing, transporting, storing, blending, and marketing of crude oil and refined products. This segment operates an extensive network of trucks, trailers, railcars, terminals, and storage facilities, boasting a storage capacity of 4.2 million barrels along the Gulf Coast. The company also manages four onshore crude oil pipeline systems spanning approximately 450 miles across Alabama, Florida, Louisiana, Mississippi, and Texas. Furthermore, it operates four crude oil rail unloading facilities located in Baton Rouge, Raceland, Louisiana, Walnut Hill, Florida, and Natchez, Mississippi.
In the Marine Transportation segment, Genesis Energy provides waterborne transportation services for petroleum and crude oil within North America. This segment operates a fleet of 91 barges, with a total transportation capacity of 3.2 million barrels, and 42 push/tow boats. The company is also involved in the production of natural soda ash. Established in 1996 and headquartered in Houston, Texas, Genesis Energy, L.P. benefitts from the strategic oversight of its general partner, Genesis Energy, LLC. Through its diverse operations, Genesis Energy plays a vital role in the midstream energy sector, supporting both offshore and onshore energy logistics.